Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.096%
Price spread now: HTX against Hyperliquid−0.070%7-day average −0.204% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1231.225% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now −0.070%, 7d avg −0.204%
=Together, before fees−0.239%+ Points / potential airdropHyperliquid: Season 2 · farm board−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.133% dearer against Hyperliquid than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.204%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ICP | 2.9841 | 0.0104 | pay 0.0013% / 1h | 12m 11s | $4.6M | $5.0M | 5x |
| Short | HTX ICP-USDT | 2.9820 | 0.0100 | get 0.0100% / 8h | 5h 12m | $104K | $181K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.93
- Price spread: −0.070% → −0.204%
- $13.32
- Slippage, 4 orders
- −$101.51
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$110.11
- Costs to cover
- 1.225%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; HTX: live order book, 49 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 10 min ago | 1.00 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 49 min ago | 25.03 bp | 68.5 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
ICP on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0119% | 1h | 2.9805 | −0.121% | $266 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9842 | +0.003% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9822 | −0.063% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.590% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0079% | 8h | 2.9894 | +0.178% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9823 | −0.060% | $160K | $486K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9844 | +0.011% | $274K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9827 | −0.046% | $135K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9810 | −0.104% | $29.3M | $53.2M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9800 | −0.137% | $17.3M | $18.9M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9800 | −0.137% | $5.8M | $16.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9810 | −0.104% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9800 | −0.137% | $19.8M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9790 | −0.171% | $4.8M | $13.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9810 | −0.104% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9820 | −0.070% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9910 | +0.232% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9916 | +0.253% | $568K | $483K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9810 | −0.104% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDTshort | +0.0100% | 8h | 2.9820 | −0.070% | $104K | $181K | 20x | |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9770 | −0.238% | $1.8M | $794K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9805 | −0.120% | $23K | $122K | 10x | as long as short |
| Hyperliquid ICPlong | +0.0104% | 1h | 2.9841 | long leg | $4.6M | $5.0M | 5x | |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9880 | +0.131% | $1.3M | $2.2M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0294% | 1h | 2.9847 | +0.020% | $525K | $641K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 3.0030 | +0.633% | $68K | $70K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0506% / S −0.0480% | 1h | 2.9818 | −0.077% | $37K | — | 100x | as long as short |
Hyperliquid ICP
HTX ICP-USDT
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]